BSchool Corporation purchased a new machine for $96,000 cash on January 1, 20Y1. At that time, BSchool expected to use the machine for 10 years and then sell it for $9,360. The machine was sold on June 30, 20Y2, incurring a loss on sale of $3,124. BSchool used straight-line depreciation. Show the impacts of the above transaction on the financial statements of BSchool for 20Y2.

List account names or descriptions in the first column and amounts in the second and third column. Please include the appropriate dollar sign and commas (example $25,000). Please place negative numbers in parenthesis ($25,000).

QUESTION 13 ASSET DEPRECIATION AND DISPOSITION do corpo e purch daw machine for the one to to see machine for a year and then set forte. The more bo 10 incurring all of school terecon Show of the above transaction on the financial statements of school for List account names or descriptions in the first column and amounts in the second and third column Plase include the appropriate doar sign and comma temple S. Please place negative numbers in Drenthe $26. You must showing the account entries on your scrap piece of paper to receive credit for this po 2011 Impact on Cash Flows Purchase / Sale of PPE 2012 Net Impact on Cash Flow Impact on Earnings 2011 20Y2 Net Impact on Earnings Cumulative impact on Balance Sheet Elements Assets 20Y1 20Y2 PPE Not Cumulative Change in Assets Liabilities & Equity 2011 2042 Cumulative Change in Liabilities & Equity